Sensex rises Tata Motors gains on July sales

SENSEX-RISES-TATA-MOTORS:Sensex rises Tata Motors gains on July sales

 

Reuters Market Eye - The BSE Sensex rises 0.67 percent, while the 50-share Nifty gains 0.54 percent.

Gains track Asian shares after German Chancellor Angela Merkel voiced support for the European Central Bank's efforts to contain the debt crisis in the euro zone.

Tata Motors rises 2.5 percent after saying on Thursday that global sales, including for luxury unit Jaguar Land Rover, were up 21 percent in July.

ITC gains 0.9 percent recovering from its 3.5 percent fall in the previous session.

Lupin gains 1.8 percent, while UltraTech Cement adds 0.5 percent, as both stocks are due to be included in the 50-share NSE index, or Nifty.